Organizational Expenditures Include All of the Following Except for

question 49

Multiple Choice

Organizational expenditures include all of the following except for

• A)costs incurred when issuing stock.
• B)legal costs incident to the creation of the corporation.
• C)expenses of organizational meetings.
• D)fees paid to the state of incorporation.

---

Definitions:

Economic Mobility

The ability of an individual, family, or some other group to improve (or lower) their economic status—usually measured in income.

Poverty Line

A threshold set by an authority, distinguishing the minimum level of income required to meet basic living needs.

Poverty Line

The minimum level of income deemed necessary to achieve an adequate standard of living in a given country or geographic area.

Adequate Diet

A diet that provides all the essential nutrients, fiber, and energy in quantities and proportions that are sufficient to maintain health and well-being.